Billionaire Peter Thiel believes The Giving Pledge, a philanthropic initiative by Bill and Melinda French Gates, has lost its appeal. He has reportedly urged signatories to reconsider their commitment, with some expressing regret. Thiel also advised Elon Musk against signing, fearing his wealth might fund ‘left-leaning nonprofits’ chosen by Gates. Billionaire Peter Thiel believes The Giving Pledge, a philanthropic initiative by Bill and Melinda French Gates, has lost its appeal. He has reportedly urged signatories to reconsider their commitment, with some expressing regret. Thiel also advised Elon Musk against signing, fearing his wealth might fund ‘left-leaning nonprofits’ chosen by Gates.
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